Palmetto Bay, Florida 

2 Reviews | Review This Place | Photos and MapsHomes For Sale

Population

24,218

+5.4% since 2020

Unemployment Rate

8.2%

Median Income

$108,360

Median Home Price

$640,200

Median Age

40.8

Comfort Index (Climate)

2.9 / 9.1

summer / winter

Miami Gifts

Best Places to Live in Palmetto Bay, Florida

Regional center - South Atlantic Coast near the southern tip of the Florida Peninsula. February, March and January are the most pleasant months in Palmetto Bay, while August and July are the least comfortable months.

Palmetto Bay, FL Housing Market
Lowest Priced HomesHOMES UNDER $250,000
Most Expensive ListingsHOMES $250,001 to $500,000
Largest HomesHOMES $500,001 to $750,000
Median Priced HomesHOMES $750,001 to $1,000,000
Pros
Cultural diversity
Beaches and water recreation
Entertainment
Cons
Hurricane risk
Cost of living
Crime rates


What Bert Has To Say About Miami-Fort Lauderdale-West Palm Beach Metro Area

Miami has always been the commercial and cultural center for Florida and the nearby Caribbean, but in the past 30 years it has emerged as a world-class international hub and a gateway for all of Latin America. In many ways it serves as the central logistical and cultural hub of the entire Western Hemisphere. The inevitable result is a diverse and invigorating Latin culture superimposed upon what was already a major commercial, resort, and retirement area dating back to the 1920’s. Many think of it as a tourist center, but import/export and international financial trade with Latin countries make up a far larger part of the economy. These activities bring a large banking industry as well as cargo transport and warehousing; the manufacturing and corporate headquarters rosters are also growing. The city is busy- in many ways stressful- and the mix of cultures, heat, and poverty has occasionally boiled over into ethnic and civil strife. But the city is fun and undeniably alive.


QUICK FACTS

City: Palmetto Bay
Zip Codes: 33157 33158
Time zone: Eastern Standard Time (EST)
Elevation: 12 ft above sea level

Highlights

ECONOMY
The unemployment rate in Palmetto Bay is 8.2% (U.S. avg. is 6.0%). Recent job growth is Positive. Palmetto Bay jobs have increased by 0.8%. More Economy

COST OF LIVING
Compared to the rest of the country, Palmetto Bay's cost of living is 55.0% higher than the U.S. average. More Cost of Living or Compare Palmetto Bay's Cost of Living

WEATHER & CLIMATE
#WeatherDataText# Today's Weather | Climate Averages

VOTING
In the last Presidential election, Miami-Dade county remained moderately Democratic, 53.3% to 46.0%. More Voting Stats

POPULATION
Palmetto Bay's population is 24,218 people. Since 2020, it has had a population growth of 5.4%. Learn More...

TRANSPORTATION
Average Commute time is 36.2 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Palmetto Bay is Real Estate: $640,200. Home appreciation the last 10 years has been 9.6%.

SCHOOLS
Palmetto Bay public schools spend $9,613 per student. The average school expenditure in the U.S. is $12,383. There are about 17.4 students per teacher in Palmetto Bay. More Education



Best Places to Live in Palmetto Bay Rankings


Housing Market in Palmetto Bay

It's a good time to buy in Palmetto Bay. Home Appreciation is up 10.8% in the last 12 months.
The median home price in Palmetto Bay is $640,200.

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Reviews for Palmetto Bay   2 Reviews
Great places to visit while in Palmetto Bay - 7/23/2013
My family and I recently went to Deering Estate for an afternoon picnic and had an excellent time. We brought in all types of food and drink, we brought a lg blanket,... Read More

Start Your Review of Palmetto Bay


Great places to visit while in Palmetto Bay - 7/23/2013
My family and I recently went to Deering Estate for an afternoon picnic and had an excellent time. We brought in all types of food and drink, we brought a lg blanket,... Read More


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COMPARE COST OF LIVING
Compare Palmetto Bay, Florida to any other place in the USA.


MAPS OF PALMETTO BAY, FLORIDA
Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.Palmetto_Bay,Florida Map
ZIP CODES IN PALMETTO BAY, FLORIDA
33157 33158

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